A. The monopoly profit maximization rule applies
B. Product price equals marginal cost
C. marginal revenue equals average cost
D. total revenue equals total cost
Correct Answer: Product price equals marginal cost ✔
Last Updated: June 11, 2019
A. The monopoly profit maximization rule applies
B. Product price equals marginal cost
C. marginal revenue equals average cost
D. total revenue equals total cost
Correct Answer: Product price equals marginal cost ✔
Last Updated: June 11, 2019